Commercial
Aon to cut up to 1800 jobs following Hewitt merger
Insurance broking giant Aon could shed 1500 to 1800 positions across the world as part of plans to integrate Hewitt Associates.
FSA bans broking firm founder for overchanging client £89 000
The Financial Services Authority has banned Paul Cable, director of Media and Entertainment Insurance Services, from acting as an FSA approved person for at least two years for attempting to overcharge a client by £89 000.
Beazley mourns the death of deputy chairman and co-founder
The board of Beazley has announced the death yesterday evening of its deputy chairman, Andrew Beazley, at the age of 57. Mr Beazley was co-founder of the company and its chief executive for twenty two of its twenty four year history.
Simply Business makes double management hire
Commercial insurance comparator Simply Business has appointed Kevin Fleming as chief financial officer and Lukas Oberhuber as chief technology officer.
Aon: energy rates rise over
The rapid price rises in the energy insurance market in response to this year’s massive losses were short-lived and previous trends have been reasserted.
Senior staff in the firing line as Zurich announces more cuts
A number of senior staff are among those to be impacted by a shake-up of Zurich's international general insurance operations, Post has learnt.
Law firms continue to trade without PI insurance claims broker
A significant number of law firms closed their doors ahead of the 1 October professional indemnity insurance renewal deadline rather than face the high cost of premiums, according to a legal expert.
Senior staff in the firing line as Zurich announces more cuts
A number of senior staff are among those to be impacted by a shake-up of Zurich's international general insurance operations, Post has learnt.
Professionalism indemnity - Estate agents & surveyors: Free agents
Estate agents seem to be enjoying a stable professional indemnity environment, despite the housing market crisis. Jane Bernstein explains why.
Senior staff face the chop as Zurich finishes GI review
A number of middle and high-ranking employees are among those to be impacted by a shake-up of Zurich's international general insurance operations, Post has learnt.
Merlin reshuffle following Bond departure
Merlin has reshuffled its loss adjusting arm following the departure of former head of property Mike Bond to VRS Vericlaim.
News analysis: The end of the Maso era
Following the departure of Axa Insurance CEO Philippe Maso, Post speaks to the broking market about his time in charge and his legacy.
In Series - Professionalism & CPD: Welcome news
In the past, cutbacks and technology take-up have threatened to render underwriters the forgotten child of the insurance industry. Rachel Gordon reports on a welcome shift in attitude and determination to raise the profile of these specialist…
News analysis - Aggregators: A shift in strategy
Despite the rise in private car insurance rates throughout 2010, Tom Cooper reveals some brands are slipping back to a volume-based approach.
Access makes acquisition
Charity and church specialist broker Access Insurance has made the first acquisition in its 10-year history, West Wickham-based AT Bell Insurance Brokers.
BGL: no plans to float as pre-tax profits increase
BGL Group chief executive Peter Winslow has stressed the intermediary still has no plans to seek private equity backing or float, despite noises from rivals including Hastings Direct.
Meehan mulls his options as Axa starts life without Maso
Axa's UK general insurance business has been split up in a move that represents the start of a new phase of profitable growth, according to Steve Hardy, its newly appointed personal lines chief executive.
Leader: Axa: shaken not stirred
The news of Axa Insurance chief executive Philippe Maso's departure was one of the least unexpected events of recent times.
Heath Lambert tops £1m
Heath Lambert has revealed its newly created London commercial team has topped £1m in gross written premium.
QBE and Mitsui join Met plant theft fight
Insurers QBE, Northern Marine Underwriters and Mitsui Sumitomo Insurance have become the latest insurance partners of the Metropolitan Police Plant and Agricultural National Intelligence Unit.
Regulation - health & safety: Safe from harm
The coalition government has pledged to end the culture of health and safety 'tick-box' regulation for UK businesses. Phil Wright assesses the impact on the engineering inspection sector and the role the insurance industry has to play in helping…
ABI and Apil lead calls to reject asbestos ruling
Personal injury lawyers are urging all insurers to continue paying claims for mesothelioma on a traditional basis until the issue over policy triggers is ultimately resolved — which could take another year.
Post Magazine – 14 October 2010
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Quinn ruling brings clarity on limitation
The High Court has ruled that insurance claims must be brought within six years from when an insurer declines liability.